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Office Suite with Open Layout
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828 S 2nd Street #201, Springfield, IL 62704

Office unit with abundant daylight, finished ceilings, and a dedicated secondary room for storage or support functions.

Space Size2,646 SF - 4,887 SF
Property Size24,000 SF
Days on Market775

Property Features for 828 S 2nd Street #201

General Information

Standard status Active
Size 2,646 SF - 4,887 SF
Net Rentable 2,646 SF
Total Parking Spaces 74
Zoning R-5b

Space & Availability

Available Space 2,646-4,887 SF
Contiguous Space 2,646 SF
Sublease No

Building Details

Building Size 24,000 SF
Year Built 1977
Buildings 1
Listing Agency: Coldwell Banker Commercial Dev
Listed By: Blake Pryor · License #475159138
Source: Shawneehillsrealestate
Added: Jul 8, 2024 Changed: Aug 15 Last Checked: Aug 20 at 2:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Dev

Investment Insights

Based on property information with market context.

Suite 201 provides approximately 2,646 SF of office space in a 1977 building at 828 S 2nd Street in Springfield, Illinois. The interior is arranged around an open plan with substantial natural light and finished ceilings, while a separate room can support storage, IT functions, or other operational needs. The suite is delivered ready for tenant-selected floor covering, and the landlord is willing to consider tenant-specific improvements based on lease terms.

The space may also be combined with Suite 202, creating approximately 4,887 SF in total. The property carries R-5b zoning and offers a flexible office configuration for users seeking a defined suite with room for ancillary functions.

Key Highlights

  • Approximately 2,646 SF in Suite 201
  • Open‑plan office layout with plenty of natural light
  • Finished ceiling and space ready for tenant‑selected floor covering

Property Analytics

Current Use

Illinois Retired Teachers Charitable Organization Statewide Independent Living Social Service Agency INCIL Association / Organization

Suggested Use

Top Pick Storage Facility HVAC Service (Bike/Boat/Book/etc) Store Auto Parts Store Real Estate Agency Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,700
Businesses Nearby

Demographics for 62704, IL

39,157
Population
20,706
Households
1.9
Avg Household Size
40
Median Age
42%
College-Educated
95%
High-School Grad
12.2 sq mi
ZIP Area
3,210
Density / Sq Mi
$66,352
Median Household Income
$44,793
Median Earnings
$924
Median Rent
$166,900
Median Home Value

Market

Lease Benchmarks for Springfield, IL

$40.65 /SF/Yr
Avg Asking Price
$6.5–$150 /SF/Yr
Price Range
2,527 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office unit with abundant daylight, finished ceilings, and a dedicated secondary room for storage or support functions.
Where is this office units located?
The property is located at 828 S 2nd Street #201 Springfield, IL.
What are key features of this property?
This property features: Approximately 2,646 SF in Suite 201; Open‑plan office layout with plenty of natural light; Finished ceiling and space ready for tenant‑selected floor covering
More about this property
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